River & Mercantile Asset Management LLP raised its holdings in shares of Yandex NV (NASDAQ:YNDX) by 27.6% during the 4th quarter, Holdings Channel reports. The firm owned 177,821 shares of the information services provider’s stock after acquiring an additional 38,480 shares during the quarter. River & Mercantile Asset Management LLP’s holdings in Yandex were worth $5,823,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of YNDX. Harding Loevner LP boosted its stake in Yandex by 45.2% during the 3rd quarter. Harding Loevner LP now owns 5,626,818 shares of the information services provider’s stock valued at $124,012,000 after purchasing an additional 1,752,160 shares during the last quarter. Genesis Asset Managers LLP purchased a new stake in Yandex during the 4th quarter valued at $38,012,000. WCM Investment Management CA boosted its stake in Yandex by 6.5% during the 4th quarter. WCM Investment Management CA now owns 16,745,927 shares of the information services provider’s stock valued at $548,429,000 after purchasing an additional 1,020,532 shares during the last quarter. American Century Companies Inc. boosted its stake in Yandex by 27.8% during the 3rd quarter. American Century Companies Inc. now owns 4,333,538 shares of the information services provider’s stock valued at $142,790,000 after purchasing an additional 942,720 shares during the last quarter. Finally, DSAM Partners London Ltd boosted its stake in Yandex by 1,248.2% during the 3rd quarter. DSAM Partners London Ltd now owns 1,012,159 shares of the information services provider’s stock valued at $33,351,000 after purchasing an additional 937,082 shares during the last quarter. Institutional investors and hedge funds own 64.87% of the company’s stock.

Several analysts have commented on YNDX shares. Zacks Investment Research downgraded Yandex from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. Deutsche Bank increased their target price on Yandex from $38.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. TheStreet downgraded Yandex from a “b-” rating to a “c” rating in a research note on Tuesday, October 24th. VTB Capital downgraded Yandex from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, Bank of America raised their price target on Yandex from $38.00 to $45.00 and gave the stock a “buy” rating in a research note on Monday, November 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $38.90.

Yandex NV (NASDAQ:YNDX) opened at $35.89 on Monday. The stock has a market capitalization of $11,692.06, a price-to-earnings ratio of 60.83, a PEG ratio of 0.90 and a beta of 2.84. Yandex NV has a 52 week low of $21.40 and a 52 week high of $39.67. The company has a quick ratio of 4.47, a current ratio of 4.47 and a debt-to-equity ratio of 0.22.

Yandex (NASDAQ:YNDX) last released its quarterly earnings results on Thursday, February 15th. The information services provider reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.13). Yandex had a return on equity of 14.48% and a net margin of 7.32%. research analysts predict that Yandex NV will post 0.72 earnings per share for the current year.

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About Yandex

Yandex N.V. is an Internet and technology company, and operates Internet search engine. The Company’s segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company’s Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices.

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Institutional Ownership by Quarter for Yandex (NASDAQ:YNDX)

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